Applied Technology, Inc., and Four-Star Catering are asking you to recommend their stock to your clients. Because
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Based on their cash flows, which company looks better? Give your reasons.
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Applied Four-Star Net cash provided by operating activities: Cash provided by (used for) investing activities: 30,000 S 70,000 Purchase of plant assets Sale of plant assets Issuance of common stock Paying off long-term debt $(20,000) $(100,000) 40,000 20,000 10,000 (90,000) Cash provided by (used for) financing activities: 30,000 (40,000) $ 10,000 $10,000
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FourStar Catering looks like the better investment because 1 Operations provide far more cash for ...View the full answer
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Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
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Related Book For
Financial Accounting
ISBN: 978-0134127620
11th edition
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
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